First Country Office of Western Africa (WBAF) opens in Ghana

With
its more than 30 million population, ranked as Africa’s most peaceful country
by the Global Peace Index, Ghana is one of the most promising economies of
Africa. International Monetary Fund World Economic Outlook announced Ghana as
the 6th best GDP Growth of the World in 2018. Ghana’s location in the West
African sub-region provides a unique advantage for the development of the
country’s infrastructure as a hub for regional and international trade and
commerce.

The
WBAF Ghana Country Office will be located in the Business Development Ministry
of the Republic of Ghana. H.E. Ibrahim Mohammed Awal, Minister of Business
Development, will be the Chairman of the WBAF Ghana.

WBAF Ghana

Grand
Opening Ceremony

Date:
6 August 2019, Tuesday

Time:
10am

Venue:
Mövenpick Ambassador Hotel

After
the opening ceremony, the programme will include keynote speeches, panel
discussions, round tables and fireside chats. An updated programme will be
provided by the WBAF Ghana Secretariat.

Developing
a Global partnership for Financial Inclusion and Easing Access to International
Finance for Startups, Scaleups, SMEs, Entrepreneurs and High Growth Businesses
in Africa

Date:
6 August 2019, Tuesday

Time:
11.30pm

Venue:
Mövenpick Ambassador Hotel

H.E.
Dr Ibrahim Mohammad Awal, Business Development Minister of the Republic of
Ghana, will chair the Board of Directors of WBAF Ghana. Dr. Awal, holds a
Doctorate in Business Administration with specialty in succession planning and
business competitiveness from the Swiss Business School and three master’s
degrees in various disciplines from different universities. He has Masters in
Applied Business Research – Swiss Business School, Switzerland, Executive
Masters in Business Administration (University of Ghana Business School, Legon)
and Masters in International Journalism (University of Wales, UK). Dr.
Awal has also done courses in Business Strategy at Harvard Business School, USA
and oil production and management at Oxford, UK.

As
a graduate of three reputable Business Schools; University of Ghana Business
School, Harvard Business School and Swiss Business School, Dr. Awal is
committed to improving the entrepreneurial ecosystem in Ghana and connecting
startups, entrepreneurs, innovators and SMEs of the country with global
investment markets.

He
is the first African minister who brought ‘empowering startup economy through
angel investment’ to the agenda of the government. Angel investors, startups,
scaleups and high-gowth businesses are now perceived as the key drivers of the
Ghana economy. So he was the recipient of the World Excellence Award for The
Most Business-oriented Minister of Africa Designing Economic Development
Through Innovative Solutions 2018.

Baybars
Altuntas, WBAF President, says ”I am confident that the WBAF Ghana Country
Office will open up splendid opportunities for the country and provide a wide
range of advantages for Ghanan start-ups, scale-ups, SMEs, innovators and
high-growth businesses. Ghanan angel investors and aspiring entrepreneurs will
now have more opportunity to connect with global leaders in equity and capital
markets.

As
an affiliated partner of the G20 Global Partnership for Financial Inclusion
(GPFI), WBAF supports start-ups, encourages the development of entrepreneurial
ecosystems. It also helps venture capital and companies connect with
international companies, fintechs and other relevant institutions. I believe
WBAF will contribute to the economic development of Ghana by facilitating
connections with entrepreneurial ecosystems. I have no doubt that Ghana will
continue to develop its economy in an entrepreneurial atmosphere.”

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